The Institute of Medicine (IOM) recommends that 80% of nurses hold a BSN by 2020, and hospitals around the country are working toward this end because of the need for nurses with broader and deeper training. Health care costs are requiring more nurses to be involved in and responsible for primary health care support and decisions.
While RNs and BSNs enter the market at the same pay rate, additional pay and advancement are becoming increasingly difficult for nurses unless they have a BSN degree.
Many major hospitals nationwide are striving for “Magnet Recognition,” the most prestigious distinction a healthcare organization can receive for nursing excellence and quality patient outcomes (www.nursecredentialing.org). This recognition requires that the majority of the RNs employed in a particular facility have a BSN or higher degree.